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Oracle commits $1 billion to bolster AI and cloud services in Spain
Jun 21,2024
Oracle has announced it will be investing$1 billion over the next decade in AI and cloud computing in Spain to cater to the growing demand for its services in the country. This investment will be used to establish a new cloud region enabling cus...
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Huawei reports significant advances in AI and operating systems development
Jun 21,2024
Huawei Technologies announced significant advancements in operating systems and AI, achieving in 10 years what took the US and Europe 30 years. Richard Yu, chairman of Huawei's Consumer Business Group, highlighted these achievements at a developer co...
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Annual State of Broadband report highlights AI impact
Jun 21,2024
The annual State of Broadband report serves as a comprehensive global assessment of broadband access, affordability, and usage trends. This year's edition, titled 'Leveraging AI for Universal Connectivity,' is being released in two parts. The first p...
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Amazon plans to revamp Alexa with generative AI
Jun 21,2024
Amazon plans to overhaul its Alexa service with a new project known internally as 'Banyan,' aiming to integrate generative AI and introduce two service tiers. The initiative, called 'Remarkable Alexa,' could include a monthly fee of around$5 for the ...
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Google and University of Tokyo to launch AI initiative for regional solutions
Jun 21,2024
Google LLC and the University of Tokyo are teaming up to leverage generative AI to tackle local challenges in Japan, such as the nation's shrinking workforce. The initiative, featuring prominent AI researcher Professor Yutaka Matsuo, will be piloted ...
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Anthropic unveils Claude 3.5 Sonnet AI model
Jun 20,2024
Anthropic, a startup backed by Google and Amazon, has introduced a new AI model named Claude 3.5 Sonnet alongside a revamped user interface to enhance productivity. The release comes just three months after the launch of its Claude 3 family of AI mod...
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US internet subsidy program faces uncertain future amid political standoff
Jun 20,2024
The Verge reports that chances of renewing government internet subsidies are slim as Democrats and Republicans struggle to agree on funding. Both parties have proposed different bills to reauthorise the US Federal Communications Commission's spectrum...
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African ministers endorse AI strategy for digital growth
Jun 20,2024
African ICT and Communications Ministers have collectively endorsed the 'Continental Artificial Intelligence (AI) Strategy and African Digital Compact' to accelerate the continent's digital evolution by harnessing the potential of new digital technol...
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Dell Technologies onboards Elon Musk's xAI supercomputer project
Jun 20,2024
In a post on his platform X, tech boss Elon Musk revealed his partnership with Dell Technologies and Super Micro Computer to provide server racks set to power Musk's AI startup, xAI. According to Dell CEO Michael Dell, the company is responsible for ...
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New report analyses GenAI startups in Europe and Israel
Jun 20,2024
A report published by venture capital firm Accel shows the state of affairs of Europe and Israel's generative AI (GenAI). That type of AI is able to generate text, images, sounds, videos and other mediums based on datasets upon which it is trained.&n...
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IMF calls for new fiscal policies to address AI's economic and environmental impacts
Jun 19,2024
The International Monetary Fund (IMF) has recommended fiscal policies for governments grappling with the economic impacts of AI, including taxes on excess profits and a levy to address AI-related carbon emissions. In a recent report, the IMF highligh...
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Report highlights AI's potential to reduce emissions in the shipping industry
Jun 19,2024
A report published by startup Orca AI on Tuesday revealed AI's potential impact on the shipping industry. By automating certain tasks, it claims that AI can help reduce deviations on shipping routes and prevent collisions between ships, making the in...
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